InsideView to invest $20 mn in India operations

US-based enterprise software-as-a-service (SaaS) company, InsideView Inc, plans to invest $15-20 million (around Rs 120 crore) in its fully-owned Indian subsidiary in three years.

According to company's chief financial officer Jim Lightsey, “The investment would predominantly be towards product development for its global clients, augmenting infrastructure and for doubling the headcount here to 160 in the next three years.”

Having started operations in India six years ago, it has invested $50 million here. The company has its sole product development centre in Hyderabad. It recently moved to a 17,000-sft new facility at Madhapur in the city.